Glenridge Apartment Complex Changes Hands for $6M
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GLENDALE, AZ-LWH Glenridge LP has acquired the Glenridge apartment complex at 13610 N. 51st Ave. in Glendale from Behr Family Partnership I for $5.73 million. The 135-unit apartment community was developed in 1985 by Lincoln Property Co.
Brokers from Phoenix-based Marcus & Millichap represented Behr Family Partnership I in the sale. In another deal, El Dorado Investments LLP has bought the 33-unit Dorado Resort Apartments complex at 6824 E. Fourth St. in Scottsdale from BR Wolfe Development/El Dorado LLC for $2.17 million. For the full story, go to Phoenix Business Journal .
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Categories: Southwest, Sales, Acquisitions/Dispositions, , Scope, Phoenix
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